AB > Camrose > Prospect
Camrose, AB T4V 2A8,5009 54 ST
Camrose, AB T4V 2A8,5009 54 ST
Camrose, AB T4V 2A8,5009 54 ST
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Ken Rigel

Ken Rigel

+1(403) 207-1748
$1,789,000
Est. payment /mo
2,000 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $894

Subdivision Prospect

MLS® Listing ID A2234534

Style Bi-Level

Year Built 2023

Annual Tax Amount $16,038

Tax Year 2025

Property Sub-Type 4 plex

Source Central Alberta

Property Description

An Exceptional Investment Opportunity in the Heart of Camrose! This remarkable property offers a rare combination of income potential and modern living, featuring eight units across two fourplex buildings and a fully finished, heated triple car garage with two bays - all on one single titled lot. Perfectly positioned just moments from downtown Camrose, this investment gem blends convenience with contemporary style, making it a standout choice for savvy buyers. Eight spacious units boast an open-concept layout designed for comfort and functionality, including a lovely kitchen with stainless steel appliances, terrific living room, two bedrooms, one bathroom, beautiful flooring and in-unit laundry. Currently, all eight units are fully rented, delivering a steady and reliable cash flow from day one. The rented garage spaces further enhance the properties earning power, making this an investor's dream. Whether you're seeking a turnkey income-generated asset or a home where you can live in one unit and rent out the others, this property offers unmatched versatility and long-term value. Situated in the heart of Camrose, these fourplexes are just steps away from downtown, providing residents with easy access to shopping, dining, entertainment and all essential amenities. This vibrant and connected lifestyle ensures strong tenant demand and lasting appeal. With its modern design, full occupancy, and strategic location, this property is a rare find. It's ideal for investors looking to capitalize on a thriving rental market or homeowners wanting to offset their mortgage by renting out additional units. Don't miss your chance to own this income-producing treasure, the opportunities here are truly endless!

Location

Province AB

County Camrose

Zoning R3

Rooms

Basement Finished, Full

Interior

Interior Features Kitchen Island, Open Floorplan, Vinyl Windows

Heating Forced Air, Natural Gas

Flooring Carpet, Vinyl

Inclusions 8) Fridges, 8) stoves, 8) dishwashers, 8) stackable washer/dryers, window coverings, garage door opener & control

Appliance Dishwasher, Range, Stove(s), Washer/Dryer Stacked, Window Coverings

Exterior

Parking Features Alley Access, Garage Door Opener, Heated Garage, Oversized, Stall, Triple Garage Detached

Garage Spaces 3.0

Garage Description Alley Access, Garage Door Opener, Heated Garage, Oversized, Stall, Triple Garage Detached

Roof Type Asphalt Shingle

Porch Deck

Lot Frontage 54.0

Total Parking Spaces 12

Building

Foundation ICF Block

Architectural Style Bi-Level

Level or Stories One

Structure Type Vinyl Siding,Wood Frame

Others

Restrictions None Known

Tax ID 102127569

Ownership Private

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Listed by Central Agencies Realty Inc.
agent

Ken Rigel

Team Lead

+1(403) 207-1748

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